Binance is winding down its exchange-based NFT service and shifting token management over to the Binance Web3 Wallet. Starting June 3, 2026, holders of withdrawable NFTs have one month to move their assets into either the Binance Wallet or any other compatible alternative.
In 30 days, on July 3, the legacy service will be completely unplugged, and any tokens users fail to withdraw by that time will become permanently inaccessible.
What's next?
The exchange frames the migration as a move to deeply integrate NFTs with Web3 and decentralized features inside the native wallet ecosystem. The team has promised to bombard token holders with reminders throughout the grace period so nobody sleeps on the deadline.
Things get trickier with non-transferable (soulbound) NFTs. Since these assets were designed without transfer rights by default, they will simply be burned on July 3. For users holding soulbound tokens that verify completed courses from Binance Academy, the exchange will issue PDF certificates instead.
Who gets the gas refund?
The compensation program is split into two distinct tracks.
The first initiative covers all NFTs except for the CR7 collection. Up to 100,000 users will receive 1 USDC per eligible withdrawal, roughly covering the standard transaction cost on the BSC or Ethereum networks.
The terms: Users must withdraw their tokens from the exchange into the Binance Web3 Wallet via BSC or Ethereum between June 3 and June 17, and must have held the NFT prior to June 3. The funds will land on spot balances by July 3.
The second program is specifically carved out for Ronaldo’s CR7 lineup. Users will get their withdrawal fees fully refunded if they migrate the tokens to any supported wallet over the BNB Smart Chain between June 3 and July 3, provided they held the assets before the kickoff date.
These payouts will hit spot accounts by July 19.
Only successful transactions will count toward the refund. The exchange warns that any gamified exploits, multi-accounting, or sybil-like wash trading will result in an immediate ban with no option to appeal.
This post is for informational purposes only and does not constitute advertising or investment advice. Please do your own research before making any decisions.